High financial performance investment property
Earn up to $186k p.a

Hemmant

For Sale
Property Type: House
3 Beds 3 Baths Approx 408 Square metres 2 car spaces

Rare SDA-NDIS | 16km from Brisbane CBD

Investors Note

Invest in a high demand SDA location and achieve more with up to 15.1% gross yield and TPI of $186k.

SDA providers are calling out for more new homes in SE QLD.

What is SDA?

Specialist Disability Housing is housing that has been specially designed to suit the needs of people with a disability who have an ‘extreme functional impairment’ or ‘very high support needs’. The specialised features of an SDA property are intended to support the resident(s) to live as independently as possible and in so doing reduce their lifetime support costs.

Specialist Disability Housing offers investors a very high yielding asset. For more information get in contact with us today.

Location

Hemmant is 16 km Southeast of Brisbane’s CBD offering both convenience to services of the big city, while being a short 10 min drive to either Manly or Wynnum coastal hubs.

VIVA estate is a beautiful, private enclave of twelve home sites, offering both bushland and city views. Hemmant has a quiet, suburban feel with a strong sense of community, making it a great place for families.

The suburb is well-served by public transport, including trains and buses, providing easy access to various parts of Brisbane. Hemmant is close to major roads and highways, including the Gateway Motorway, facilitating quick travel to the Brisbane Airport, Gold Coast, and Sunshine Coast.

The suburb is home to several parks and recreational areas, providing residents with outdoor spaces for leisure and exercise. Plus, it is close to the Brisbane River and Moreton Bay, offering opportunities for water-based activities and nature exploration.

From a NDIS-SDA perspective the property provides a great lifestyle for participants and it is close to a number of hospitals and medical services.

What's Nearby

• 1.8 km from Hemmant Train Station
• 2.4 km from ALDI
• 3 km from Wynnum Medical Centre
• 5.8 km from Cannon Hill Family Practice
• 5.9 km from Wynnum Shopping Centre
• 7 km from Manly Harbour Village shopping mall
• 7.1 km from Wynnum
• 7.3 km from Manly
• 8.4 km from Manly Boat Harbour
• 15 km from the Mater Hospital Brisbane
• 15 .6 from Princess Alexandra Hospital
• 15.7 km from the Royal Brisbane and Woman’s Hospital
• 16.5 km from St Andrew's War Memorial Hospital
• 16.6 km from Brisbane CBD

About the Property

- House and land package – 2-part land and build contracts
- Land area: 408m2
- Build area: 205m2
- Land due to register in Jut 2024!
- High Physical Support SDA | 3.3.2.2 | 2P + OOA
- Full turnkey
- Fast build times
- Total support throughout the build and tenanting process!

Demand

The data confirms what the SDA providers are telling us. They need more new SDA homes in SE QLD.

Participants with SDA funding in use: 23
Participants with SDA funding, SDA not in use: 17
Participants with SDA funding: 40
Additional Participants eligible for SDA: 6
Total Participants with SDA funding or a SDA need: 46

The Key Numbers

As of June 2024, the SDA pricing was increased, this includes High Physical Support, Improved Liveability, Fully Accessible, and Robust. For an in-depth explanation of the new pricing, talk to our sales team.

High Physical Support

SDA Income - $81,326 per participant
MRRC - $12,058 per participant
Location Factor - 0.92
Potential Total Income | $186,768
Potential Yield – 15.1%

Improved Liveability

SDA Income - $67,667 per participant
MRRC - $12,058 per participant
Location Factor - 0.92
Potential Total Income | $159,450
Potential Yield – 12.9%

*Please note that these numbers are based on 2 participants only. Pricing is current as at June 2024 and is as per published SDA schedules.

Ready to get started?

Get in touch to discuss the buying terms...

- $5,000 Expression of Interest
- $27,250 on Finance Approval
- 28 day Finance Clause

Disclaimer

We have in preparing this information used our best endeavours to ensure the information that has been provided is true and accurate. The images and renders provided in this listing by the builder are for illustrative purposes only. They may contain fixtures, furniture or finishing not available for this design. Clients need to refer to the building contract for specific details on specifications and inclusions specific to any property. Specifications and inclusions are subject to change over time. Meridien Group does not accept any responsibility for variations to specifications ad inclusions made by the builder. Financial information is an estimate only and is not warranted or guaranteed. Refer to investment reports for specific details.

Heating & Cooling

  • Air Conditioning
  • Reverse Cycle Air Conditioning
  • Split-System Air Conditioning

Outdoor Features

  • Courtyard
  • Fully Fenced
  • Outdoor Entertainment Area
  • Remote Garage
  • Secure Parking

Indoor Features

  • Broadband Internet Available
  • Built-in Wardrobes
  • Dishwasher
  • Floorboards
  • Intercom
  • Pay TV Access
  • Rumpus Room

Eco Friendly Features

  • Solar Panels

Other Features

    HPS
    NO FIRE SPRINKLER
    SILKWOOD WHITEGOOD INCLUDED

Location

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Disclaimer

Plans and images are for illustration purposes only. All prices and information is current as at the published date. Meridien Group does not provide financial or legal advice and does not offer or imply warranties or guarantees of performance. Clients are advised to seek independent legal and financial advice before proceeding.


Acknowledgement of Country

We respect and honour Aboriginal and Torres Strait Islander Elders past, present and future. We acknowledge the stories, traditions and living cultures of Aboriginal and Torres Strait Islander peoples on this land and commit to building a brighter future together.